Entries by Grace Wahito

Assume the random variable x is normally distributed

Assume the random variable x is normally distributed with mean mu = 50 and standard deviation sigma = 7. Find the indicated probability. P(x>42)   Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code “Newclient”

 

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A researcher wishes to​ estimate,

A researcher wishes to​ estimate, with 99​% ​confidence, the population proportion of adults who are confident with their​ country’s banking system. His estimate must be accurate within 2​% of the population proportion. ​(a) No preliminary estimate is available. Find the minimum sample size needed. ​(b) Find the minimum sample size​ needed, using a prior study that […]

 

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Find the probability and interpret the results

Find the probability and interpret the results. If​ convenient, use technology to find the probability. During a certain week the mean price of gasoline was ​$2.709per gallon. A random sample of 32 gas stations is drawn from this population. What is the probability that the mean price for the sample was between ​$2.691 and ​$2.726 […]

 

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In a random sample of 40 ​refrigerators

In a random sample of 40 ​refrigerators, the mean repair cost was ​$112.00 and the population standard deviation is ​$15.30. Construct a 90% confidence interval for the population mean repair cost. Interpret the results.Construct a 90​% confidence interval for the population mean repair cost. A. With 90​% confidence, it can be said that the confidence interval contains the […]

 

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